Barclay Goodrow buyout calculator, cap hit impact

Barclay Goodrow Buyout Cap Implications

Birthdate February 26, 1993

If Barclay Goodrow was bought out prior to the 2021-2022 season.

The annual cap hit of a buyout is calculated year by year as follows:

  • Add together the Original Cap Hit and the Contract Signing Bonus for that year
  • Subtract the Contract Total Salary for that year (base salary + signing bonus).
  • Finally, add the Annual Buyout Cost as calculated below.

He would be 28 years old at the buyout giving him a 67% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $12,233,333
Remaining base salary
($18,350,000 * 67% buyout multiplier)
.

6 years left in contract.
Buyout applied over 12 years
(2x years remaining on contract)

Annual buyout cost of $1,019,444
(Total buyout cost/12 years)

Barclay Goodrow projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032 2032-2033
Remaining Base Salary
$18,350,000
$750,000 $2,500,000 $5,100,000 $5,000,000 $3,750,000 $1,250,000 $0 $0 $0 $0 $0 $0
Original Cap Hit $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667 $0 $0 $0 $0 $0 $0
Contract Signing Bonus $1,750,000 $500,000 $0 $0 $0 $1,250,000 $0 $0 $0 $0 $0 $0
Contract Total Salary ($2,500,000) ($3,000,000) ($5,100,000) ($5,000,000) ($3,750,000) ($2,500,000) ($0) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444
ACTUAL CAP HIT New York Rangers logo $3,911,111 $2,161,111 $-438,889 $-338,889 $911,111 $3,411,111 $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444 $1,019,444
Savings $-269,444 $1,480,556 $4,080,556 $3,980,556 $2,730,556 $230,556 $-1,019,444 $-1,019,444 $-1,019,444 $-1,019,444 $-1,019,444 $-1,019,444

Active Contract

Signing Team New York Rangers logo
Signing Date July 22, 2021
Signing Status UFA
Agent Ian Pulver
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $21,850,002 4.47% of cap space
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Cap Hit $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667
UFA
AAV $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $750,000 $2,500,000 $5,100,000 $5,000,000 $3,750,000 $1,250,000
Signing Bonuses $1,750,000 $500,000 $0 $0 $0 $1,250,000
Total Salary $2,500,000 $3,000,000 $5,100,000 $5,000,000 $3,750,000 $2,500,000
Minors Salary $2,500,000 $3,000,000 $5,100,000 $5,000,000 $3,750,000 $2,500,000
Clauses M-NTC M-NTC M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
15 team No Trade List